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Selina

Update on Selina

Selina is grateful for the first loan she received through Milango. It helped her restock the business and attracted many customers. The family now enjoys a constant source of income.

She would like to increase the operations of the business and is applying for a loan of 83,500 Kenya shillings to buy hair oils, shampoos and other forms of cosmetics. She will plough back the income into the business.

Previous Loan Details

Selina is a resident of the Kilifi area of Coast Province, Kenya. She is single with one child. She has owned a cosmetics shop for five years. She also works for another employer. Selina learned about Milango through a friend who invited her to the group. She joined with the goal of accessing cr... More from Selina's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Kenya

  • $1,800
    Average annual income
  • 676
    View loans »
    Kenya Loans Fundraising
  • $42,246,850
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Selina to buy shampoo and hair oil.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 3, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014
This photo was used before for a previous loan for Selina. It was first posted on Kiva on Sep, 2012. Learn More